Workers' comp committee meets

A committee will meet and make a decision today that will affect many Sacramento companies and organizations.

This time we’re not talking about the National Basketball Association’s New York meeting about the future of the Sacramento Kings.

Instead, this meeting — in San Francisco — is about workers’ compensation rates. The governing committee of the Workers’ Compensation Insurance Rating Bureau of California will decide today whether to make a filing for a recommended mid-year adjustment in base rates.

The Rating Bureau is the nonprofit organization that advises the state’s insurance commissioner on base rates. It makes an annual recommendation for new and renewing policies starting each Jan. 1.

Some years when the Rating Bureau determines a rate adjustment is warranted it also makes a mid-year recommendation effective for July 1.

The insurance commissioner then uses that recommendation to offer his own advisory to California’s workers’ comp insurers.